🔥Burn (Phi Protocol)

The Phi protocol regulates the Burn mechanism of $BOO Coin. Starting with 1% of the BurnVault, a golden section calculation will be set up that will increase the % of $BOO to burn each year. When the BurnValut is exhausted, $BOO Coin will become an inflationary coin and the Phi protocol will be dismantled.

The burn protocol has been implemented to favour positive trends and gradually increase the value.

Representative simulation of the PHI Protocol's golden section mechanism